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Monday 18.06.2018 | Name days: Madis, Alberts
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Heat waves to become the most serious climate change challenges for Latvia

The biggest challenges Northern Europe, Latvia included, can expect from climate change in the next five to ten years are heat waves and other extreme weather events, such as floods, according to experts from Intergovernmental Panel on Climate Change.

Saeima conceptually supports changing country’s material reserve administration system

On Thursday, 31 May, Saeima deputies supported in the first reading a legislative draft for a new State Material Reserve Law. This new draft suggests changing the country’s material reserve administration system, as confirmed by Saeima’s press-service.

Minister: children’s safety should be a priority at all times, not just for one holiday

Any child capable of formulating their opinion should be provided with freedom to voice them in all matters that affect them. In addition, children’s opinion should be provided with enough attention in accordance with their age and maturity, says Latvia’s Welfare Ministry.

Latvijas balzams decides to keep last year’s profits of EUR 8.6 million undivided

AS Latvijas balzams has decided to keep last year’s profits of EUR 8.6 million undivided, according to the decision project submitted to the exchange. This matter will be discussed in more detail during the upcoming 14 June meeting of Latvijas balzams shareholders meeting.

45% of Latvians believe workaholics inevitably «burn out»

Most interviewed Latvian residents have a negative outlook on workaholism, and 45% consider it the main cause for an early «burn-out» at work, according to a survey from CV-Market.

Retail trade turnover in Latvia up 3.1% in April

Compared to April 2017, total retail trade turnover rose by 3.1 % in April 2018. Turnover of retail trade in food products increased by 2.1 %, turnover of retail trade in non-food products, except for retail sale of automotive fuel, rose by 3.7%, whereas turnover of retail sale of automotive fuel – by 3.5 %.

PUC approves regulations for the use of Inčukalns underground gas storage facility

Public Utilities Commission has approved the regulations submitted by AS Conexus Baltic Grid on the use of Inčukalns underground gas storage facility. These new regulations govern he use of the gas storage facility and will come into force along with new storage service tariffs – 1 June 2018, as confirmed by PUC.

Daugavpils mayor and SLC still argue; mandate-revoking procedure postponed indefinitely

Latvia’s State Language Centre will submit its requests to revoke Daugavpils City Council Chairman Rihards Eigims’ mandate to court once the final decision regarding his use of state language has come to force, as reported by the centre. Eigims is prepared to defend himself in court.

Latvia’s Finance Ministry to become holder of state-owned shares in Conexus

From now on, the 117 shares owned by the Latvian state in Conexus Baltic Grid will be held by Finance Ministry, as decided by the government.

MEP: if Latvia does not fight against plastic waste, the country will drown in it

European Commission’s proposed ban on using single-use plastic products in EU member states is a very important step to begin combating plastic waste problem, says MEP from Latvia Inese Vaidere.

Construction costs in Latvia grew 3.8% in April

Compared to March, the level of construction costs in Latvia grew by 0.8 % in April 2018. Prices of building materials increased by 1.1 %, maintenance and operational costs of machinery and equipment – by 0.6 %, whereas labour remuneration of workers – by 0.5 %.

Average milk procurement price in Latvia has not changed much

Average milk procurement price in Latvia did not change much in May when compared to the previous month, as noted by chairman of Central Union of Latvian Dairy Farmers Jānis Šolks.

FTUCL: overtime pay in Latvia should be kept at 100%

Free Trade Union Confederation of Latvia once again underlines the need to preserve overtime pay at 100%, because the proposal from Latvian Chamber of Commerce and Industry to reduce it would only worsen workers’ situation and is unacceptable.

Latvian government proposes establishing green fuel quota for traders

On Monday, 28 May, the Cabinet of Ministers Committee decided to forward to the government Economy Ministry’s developed Transport Energy Law that provides for promotion of green fuel.

airBaltic signs contract for purchase of 60 more CS300 aircraft

Latvia’s national airBaltic airline and Bombardier Commercial Aircraft have announced the signing of a procurement contract for 30 Bombardier CS300 aircraft with option to procure 30 more in the future, as BNN was informed by the airline.

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